Settings8H · net · $10k
Funding arb · Price arb /

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h +0.102%
Price spread now: Gate against Kraken Futures−0.101%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$960.958% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 3 days (all we have)−0.563%−$56 · spread now −0.101%, 7d avg −0.075%
Together, before fees−0.574%−$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.026% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_APTUSD0.77340.0138pay 0.0017% / 1h8m 33s$527K$643K50x
ShortGate APT_USDT0.77260.0100get 0.0100% / 8h6h 08m$2.7M$4.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$8.03
Price spread: −0.101% → −0.075%
−$2.61
Slippage, 4 orders
−$70.78
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$106.43
Costs to cover
0.958%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 60 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 60 min ago10.72 bp27.7 bp −$2894.5 bp −$945doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago4.51 bp20.4 bp −$2053.1 bp −$531doesn't fitdoesn't fit

APT on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit APT_USDC-PERPETUAL−0.0138%1h0.7723−0.140%$12K$418K50xas long as short
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7726−0.100%$21K150xas long as short
Orderly PERP_APT_USDC+0.0001%8h0.7722−0.152%$10K$7K10xas long as short
Variational Omni APT+0.0008%8h0.7758+0.315%$506K$335Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+0.598%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7727−0.088%$414K$407K10xas long as short
Hyperliquid APT+0.0100%1h0.7733−0.010%$5.5M$6.1M10xas long as short
Aster APTUSDT+0.0100%8h0.7725−0.114%$96K$946K20xas long as short
Binance APTUSDT+0.0100%8h0.7732−0.026%$28.5M$106.5M75xas long as short
Bybit APTUSDT+0.0100%8h0.7727−0.088%$28.1M$38.1M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7727−0.088%$5.8M$24.6M50xas long as short
Gate APT_USDTshort+0.0100%8h0.7726−0.101%$2.7M$4.9M75x
MEXC APT_USDT+0.0100%8h0.7720−0.178%$29.2M$15.5M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7727−0.088%$5.3M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7725−0.114%$8.6M$12.7M75xas long as short
BingX APT-USDT+0.0100%8h0.7727−0.088%$26.0Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7719−0.191%$191K$390K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7760+0.339%$63K$574K50xas long as short
SunX APT-USDT+0.0100%8h0.7716−0.230%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7725−0.114%$54$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7758+0.313%$261K$124K50xas long as short
Extended APT-USD+0.0104%1h0.7724−0.125%$83K$486K25xas long as short
Aevo APT-PERP+0.0104%1h0.7725−0.114%$28K$5K3xas long as short
Kraken Futures PF_APTUSDlong+0.0138%1h0.7734long leg$527K$643K50x
GMX APT/USD [ETH-USDC]L +0.0189% / S −0.0143%1h0.7728−0.074%$17K100xas long as short
dYdX APT-USD+0.0258%1h0.7732−0.017%$54K$6K10xas long as short
Coinbase International APT-PERP-INTX+0.0272%1h0.7809+0.973%$205K$538K50xas long as short
Reya APTRUSDPERP+0.0479%1h0.7726−0.107%$3K20xas long as short
01 Exchange APTUSD+0.2328%1h0.7820+1.115%$2K5xas long as short